Methods and systems for processing transactions
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United States of America Patent
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May 22, 2018
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N/A
app pub date -
Mar 21, 2012
filing date -
Feb 10, 2004
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Abstract
Methods and systems are provided for processing a transaction between a first party and a second party. Information defining terms of the transaction and identifying a presentation instrument are received at a host system. Preference information associated with the presentation instrument is retrieved with the host system. The preference information specifies terms for an allocation of transaction amounts among multiple transaction types. An amount for the transaction is allocated among the transaction types in accordance with terms of the transaction and the terms for the allocation.
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